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DeFi exists to change the status quo. Not just with finance, but with art, gaming, and technology itself. One disruptive project that’s looking to change the world is HedgeUp (HDUP), a DeFi platform that has seen its value surge by over 400% in the past month, outpacing both Hedera (HBAR) and Aptos (APT).
With big plans to develop its own ecosystem on BNB, HedgeUp (HDUP) has quickly become one of the most popular DeFi projects on the market, thanks to its robust use cases, out-of-the-box marketing ideas, and attractive presale offering.
Hedera (HBAR) overview
Hedera is a decentralized, open-source, proof-of-stake (POS) public ledger that utilizes the leaderless, asynchronous Byzantine Fault Tolerance (aBFT) hashgraph consensus algorithm.
Hedera’s performance-optimized EVM smart contracts, user-friendly native tokenization, and consensus service APIs enable developers to build independently and quickly.
Aside from UX, it claims to be faster and cheaper than other L1s.
More on Aptos (APT)
Aptos is a Layer 1 POS blockchain that employs a smart contract programming language called Move, which is Rust-based and originally developed by Meta’s Diem blockchain team.
The vision is to build a blockchain that brings mainstream adoption to the space, developing an ecosystem that’s capable of solving real problems.
It can achieve a theoretical transaction throughput of over 150,000 transactions per second through parallel execution.
HedgeUp (HDUP) – The DeFi edge
At the end of the day, both Hedera (HBAR) and Aptos (APT) are two struggling L1 EVM-compatible chains in a sea of EVM blockchains.
While they’re both ranked in the Top 50, according to DeFi Llama, that doesn’t mean much right now. They’re both sitting at just a hair over $40 million in TVL.
Meanwhile, HedgeUp (HDUP) has raised more than $3 million from early investors and the protocol hasn’t even launched. The project will migrate to BNB soon after launch, and it offers so much more than the above struggling chains.
Binance has millions of users. It’s the third-highest chain in all of DeFi regarding TVL, and investors are ready to stick with it for life. It has hundreds of projects, many of which work together to make the ecosystem better. And probably most importantly, it’s a household name at this point.
It’s just different
While the HedgeUp (HDUP) team has a long-term game plan for building its own ecosystem, including a DAO and its own wallet and banking systems, they’re beginning with what they think DeFi needs most right now: their NFT marketplace.
What DeFi doesn’t need is another set of AI-generated JPEGs. Luckily, that’s not what HedgeUp (HDUP) does.
They provide exposure to physical assets like gold and diamonds. These investments were once reserved for the wealthiest people in the world. But thanks to NFT technology and the team’s vision, users can now invest in these assets on a fractional basis for as little as $1.
It’s never been done before. So while holders of Aptos and Hedera are twiddling their thumbs, wondering why they aren’t seeing gains, HedgeUp (HDUP) is skyrocketing. Because it’s different. It’s not just another copycat chain or financial product. It’s making a difference.
For more information about HedgeUp (HDUP) presale use the links down below:
- Website: https://hedgeup.io/
- Presale: https://app.hedgeup.io/sign-up
- Telegram: https://t.me/HedgeUpChat
- Twitter: https://twitter.com/HedgeUpOfficial
